This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

EGShares Declares Quarterly Distribution For Emerging Markets High Income/Low Beta Equity ETF

Stock quotes in this article: HILO

The Board of Emerging Global Advisors, provider of EGShares ETFs, declared today a quarterly distribution of 10.46 cents a share from its Emerging Markets High Income/Low Beta ETF. The fund is an exchange-traded fund (ETF) that trades on NYSE Arca under the ticker symbol HILO.

The distribution will be paid on October 5 to shareholders of record on September 28. The ex-dividend date is September 26.

The distribution covers the initial seven weeks of the fund’s life. Few of the portfolio companies paid a dividend during the seven week period. The fund’s dividend is comprised of 37.7% dividends received proceeds and 62.3% return of capital 1. Emerging Global Advisors (EGA), the fund’s sub-advisor, views the high ratio of return of capital as a one-time event related to the start up timing of the fund. The dividend payout patterns of the companies in the portfolio seem to suggest that future fund dividends could have no material component of return of principle.

                                 
            Income Distribution             Total
Ticker       ETF Name       Per Share       Return of Capital       Distribution
HILO      

EGShares Emerging MarketsHigh Income/Low Beta ETF

      $ 0.03947       $ 0.06514       $ 0.10462

About Emerging Global Advisors

Based in New York City, Emerging Global Advisors LLC is an independent investment advisory firm focused exclusively on emerging markets and the sub-advisor to the EGShares family of exchange-traded funds (ETFs). The EGShares product offerings are designed to provide investment exposures that allow more accurate targeting of important emerging market opportunities. More information on the firm and its investment products can be found at www.egshares.com. The Emerging Global Shares Exchange-Traded Funds are distributed by ALPS Distributors, Inc.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds before investing. To obtain a prospectus containing this and other important information, please call (888) 800-4EGS (4347) or visit www.egshares.com  to view or download a prospectus online. Read the prospectus carefully before you invest.

Emerging market investments involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, from economic or political instability in other nations or increased volatility and lower trading volume. Brokerage fees do apply. You cannot invest directly in an index. Companies can discontinue, lower or raise future dividend payouts.

This fund is new and has limited operating history. ALPS Distributors, Inc. and Starkman & Associates are unaffiliated entities.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,042.90 -28.32 -0.17%
S&P 500 1,972.29 -5.51 -0.28%
NASDAQ 4,493.39 -12.4620 -0.28%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs